water

Seven case studies show the potential of impact investing within agri.

With water an increasingly scarce resource in many places, using it efficiently has never been more important. Its effective use can help regenerate environments and lead to more productive agricultural systems.

An annual report published by the Foreign Investment Review Board showed that the amount of water in foreign hands increased marginally again.

The three assets – Vaucluse, One Tree and Racecourse – are expected to fetch more than A$400m for investors in Proterra’s Black River Agriculture Fund 2.

Managing director David Bryant says the firm was in discussions with institutional investors over potentially leasing its macadamia orchards in Queensland.

Hancock Agricultural Investment Group has sold Kalanga to Morella Agriculture for around A$80m.

Sandmount Farms, built by goFARM over several years and prepared for further development, is likely to sell for more than A$250m.

The Australian fund manager describes the close as a ‘good result’ and expects to deploy all of the capital within the next few months.

AAM will develop the Keep Plains site and expand the Ord River Irrigation Scheme over the next several years.

Founder Jay Koh says investors are beginning to focus more systematically on physical climate risk to particular sectors and markets.